Your question is too broad, it will be hard to answer.

@Phil Wells Definently interested!!

There are definate tricks to increase your credit worthness.: 1st Don't be late 2st try not to exceed 30% of your available credit.

When we go under contract on a property that is rented, we not only have the addendum R but also require an Estoppel to be completed by tenant and seller that defines things such as payment date, open maintenance requests, etc.

The more you know and understand difference niches of real estate investing the easier it will be for you to define your goals and vision.

@Zach KuhnsA lot depends on how you define a mentor and what exactly are you looking to achieve:1) do you want to learn from someone who bought and sold many SFHs, or MFHs?

I think you need to define better what your goals/ideal tenants are.

FHA definition of  a family member is defined as follows, regardless of actual or perceived sexual orientation, gender identity, or legal marital status:• child, parent, or grandparent;o a child is defined as a son, stepson, daughter, or stepdaughter;o a parent or grandparent includes a step-parent/grandparent or fosterparent/grandparent;• spouse or domestic partner;• legally adopted son or daughter, including a child who is placed with the Borrower by anauthorized agency for legal adoption;• foster child;• brother, stepbrother;• sister, stepsister;• uncle;• aunt; or• son-in-law, daughter-in-law, father-in-law, mother-in-law, brother-in-law, or sister-in-lawof the BorrowerTwo that relative is equally obligated with you on that loan.

I'm waiting to define my specific criteria until I get to know this area a bit better, but I will definitely be using a PM.I'll be spending the next couple months getting to know the area and hopefully going to some REI meet ups and making some contacts.

Last year, broad indexes returned 30%.